GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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15:58 Jun 7, 2016 |
Italian to English translations [PRO] Law/Patents - Law: Contract(s) / law | |||||||
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| Selected response from: Thomas Roberts | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +1 | assigned debtor |
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2 +1 | original, outgoing debtor (novation); debtor of the assigned receivable (factoring) |
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assigned debtor Explanation: |
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original, outgoing debtor (novation); debtor of the assigned receivable (factoring) Explanation: Again, depends if one debtor is being subsituted for another (novation) or it is an assignment of a claim or recievables. In a novation (substitution of one debtor for another) cf. in FR délégant > the factor or post-novation creditor; délégataire > the new incoming debtor; délégué > the original outgoing debtor. Reference: http://www.proz.com/kudoz/italian_to_english/law_contracts/6... |
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